Graphano Energy (CVE:GEL) Reaches New 52-Week Low – Time to Sell?

Graphano Energy Ltd. (CVE:GELGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 4000 shares. The stock had previously closed at C$0.07.

Graphano Energy Stock Performance

The stock has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08. The company has a quick ratio of 18.29, a current ratio of 7.10 and a debt-to-equity ratio of 14.79. The company has a market capitalization of C$1.62 million, a P/E ratio of -1.36 and a beta of -0.42.

About Graphano Energy

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Graphano Energy Ltd., a mining company, focuses on the evaluating, acquiring, and developing graphite resources in Canada. The company holds a 100% interest in the Lac Aux Bouleaux Graphite property located in Quebec; and Dudley and Lac Vert-Bouthillier graphite project. It also holds an option agreement to acquire 100% interest in the Standard Graphite Mine.

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